What is Shopify Online Frenzy Store: Your Best Choice

What is Shopify Online Frenzy Store: Your Best Choice

Shopify is an excellent choice for small to medium-sized businesses, while Shopify Plus is the preferred solution for large, complex, and rapidly growing ecommerce enterprises.

Shopify Plus offers everything you love about Shopify, but with additional features and personalization to suit larger, enterprise-level businesses. While the pricing is higher, Shopify Plus provides a more tailored ecommerce experience designed to meet the specific needs of high-volume, complex operations.

What is Shopify:

Shopify is a leading e-commerce platform that empowers businesses of all sizes to create online stores and sell their products. It provides a user-friendly interface, secure payment processing, inventory management tools, and a vast ecosystem of apps and integrations to help entrepreneurs successfully launch and grow their online ventures.

What is Shopify Plus

Shopify Plus is a premium version of Shopify designed for large, high-volume online businesses. It offers enhanced functionality, flexibility, and support compared to standard Shopify plans. Shopify Plus plans start at $2,300 per month for a 3-year term or $2,500 per month for a 1-year term, providing an enterprise-grade e-commerce solution for established, high-performing online sellers.

What is Shopify Balance

Shopify Balance is a money management account integrated with the Shopify platform that allows merchants to:

  • Manage all store payments and transactions in one place
  • Allocate funds to different accounts, like payroll
  • Earn cashback and access partner offers when using the Shopify Balance card
  • Centrally manage all payments and transactions for their Shopify store
  • Gain financial visibility through dashboards, filters, and reports to comprehensively track business finances
  • Earn rewards, including an annual percentage yield (APY) on funds held in the account, as well as up to $2,000 in cashback per year when using the free Shopify Balance spending card

Shopify Balance is available as an iOS app that requires iOS 15.0 or later. Users report it is easy to use and integrates a shop's finances with a bank account

However, some criticism suggests it lacks multi-store login functionality and customer support

Additionally, to open a Shopify Balance account, the requirements are:

  • Valid U.S. Social Security Number (SSN)
  • Physical personal address located in the United States or Puerto Rico

What is Shopify POS System

Shopify POS is designed to give Shopify merchants a unified commerce platform to manage both their online and offline sales, providing a cohesive omnichannel experience for their customers.

Key features:

  1. Omnichannel Integration: Shopify POS seamlessly integrates with a merchant's online Shopify store, allowing them to manage inventory, customer data, and sales across both online and offline channels.
  2. Mobile Payment Processing: Shopify POS enables merchants to accept a variety of payment methods, including credit/debit cards, contactless payments, and mobile wallets, using a compatible iOS or Android device.
  3. Inventory Management: Merchants can track real-time inventory levels, receive low stock alerts, and automatically sync online and offline inventory through the Shopify POS system.
  4. Customer Management: POS allows merchants to view customer profiles, purchase histories, and segment customers for targeted marketing efforts.
  5. Reporting and Analytics: Shopify POS provides detailed sales reports, insights, and analytics to help merchants optimize their offline retail operations.
  6. Hardware Options: Shopify offers a range of compatible POS hardware, such as card readers, receipt printers, and barcode scanners, to create a complete in-person sales solution.

What is Shopify EP

Shopify EP (Shopify Editions) refers to the major product updates and new feature releases that Shopify announces and rolls out to its platform on a regular basis.

The "EP" stands for "Editions" and represents the different versions or editions of the Shopify platform that are introduced over time to enhance the capabilities and user experience for Shopify merchants.

Shopify typically releases major Editions (EP) updates 1-2 times per year, often coinciding with their annual Shopify Unite conference.

Each Edition brings a range of new features, tools, and improvements across areas like online store design, checkout, marketing, analytics, and more.

The Editions help Shopify merchants stay up-to-date with the latest platform enhancements to grow and optimize their online businesses.

What are Shopify Collabs?

Shopify Collabs is a free app for Shopify merchants on the Shopify, Advanced, or Shopify Plus plans. Creators can also use the Shopify Collabs app for free

Shopify Collabs provides a free way for Shopify merchants to collaborate with creators to drive additional sales, with the merchant paying standard payment processing fees on any resulting transactions, but no additional fees for using the Collabs app and platform.

Shopify Collabs is an affiliate marketing tool designed to connect creators and brands. Whether you're a business owner seeking partners, sending out gifts, or tracking affiliate offers, Collabs aims to help you drive more sales.

What is Shopify Inbox?

Shopify Inbox is a mailbox feature that allows Shopify merchants to offer customers the ability to chat with them directly from their online store and the Shop mobile app. Through Shopify Inbox, merchants can respond to customer messages, and send product links, discount codes, and images.

Shopify Inbox is described as a great way for merchants to provide customer support, drive more sales, and build their brand. Being free and easy to use, Shopify Inbox is a feature that merchants are encouraged to take advantage of to enhance their customer engagement and communication.

What is Shopify Protect?

Shopify Protect is a fraud prevention and risk management tool offered by Shopify to help its merchants mitigate fraudulent activities in their online stores. It screens orders for indicators of fraud, such as high-risk payment methods, suspicious customer behavior, and unusual order patterns.

By integrating Shopify Protect, merchants can enhance their fraud prevention capabilities, reduce their chargeback liability, and maintain a secure and trustworthy online shopping experience for their customers.

What is Shopify Audiences?

Shopify Audiences is a free app that helps Shopify Plus merchants in the United States and Canada find new customers by generating lists of potential buyers for their stores. These lists can then be used to target specific audiences in ad campaigns on platforms like Google, Meta, Pinterest, Snapchat, TikTok, and Criteo.

The app uses data from millions of commerce signals across Shopify to create personalized audience lists. Merchants can then securely export these lists to their advertising accounts, where they can use them to inform their targeting with more precision than the ad platforms alone.

 

What is Shopify Collective?

Shopify Collective is a curated marketplace that highlights a selection of independent brands selling on the Shopify platform, making it easier for consumers to discover and shop from these unique merchants.

Benefits of Shopify Collective for retailers:

  • Grow customer carts: Expand your catalog with new products that encourage customers to buy more
  • Boost profits: Sell products without inventory costs or commitments
  • Get discovered: Get discovered by top US retailers looking for complementary products
Benefits of Shopify Collective for suppliers:
  • Reduce operational costs and risk: Receive orders in your Shopify admin that you need to fulfill and ship directly to the customer
  • Drive more sales without investing more into marketing: Share products for retailers to import to their store

What is Shopify Flow?

Shopify Flow is an e-commerce automation platform that allows merchants to automate tasks and processes within their store and across their apps. It is an event-based feature that enables the creation of automated workflows.

Flow is free to use for Shopify merchants on the Basic, Shopify, Advanced, or Shopify Plus plans. 
 

To review your workflow performance, from the Shopify admin go to Apps > Shopify Flow > Recent runs. The Recent runs page lists all your workflow instances. You can also open a workflow and access runs in the Recent Runs section.

 

What is Shopify eCommerce Development?

Ecommerce web development is the process of designing and building online stores where customers can purchase products.

Shopify's e-commerce development leverages the platform's robust features, APIs, and ecosystem of apps and services to create tailored, scalable, and high-performing online stores for businesses of all sizes.

Some key aspects of Shopify's e-commerce development include:

  1. Store Setup: Configuring the Shopify store, including customizing the theme, and setting up product catalogs, collections, and other core store elements.
  2. Theme Development: Creating custom Shopify themes or modifying existing themes to match the brand's design and user experience requirements. 

What is Shopify Pricing Calculator?

The Shopify Pricing Calculator is a tool on the Shopify website that allows users to estimate the monthly cost of using Shopify for their online business.

The key features of the Shopify Pricing Calculator include:

  1. Plan Selection: Users can choose from Shopify's different pricing plans - Basic Shopify, Shopify, or Advanced Shopify - based on their business needs.
  2. Sales Estimation: Users can input their estimated monthly sales volume to get a more accurate pricing estimate.
  3. Additional Features: The calculator accounts for add-on features like additional staff accounts, professional reports, and third-party software integrations.
  4. Customized Pricing: Based on the user's inputs, the calculator provides a customized monthly cost for the selected Shopify plan and any additional features.

Comparison: Users can compare the pricing and features across Shopify's different plan tiers to determine the most suitable option for their ecommerce business.

Shopify vs Shopify Plus

While the core features of Shopify and Shopify Plus remain the same, however, when it comes to speed, we suggest going for the Shopify Plus option as it: Enables large-scale businesses to scale their operations at lightning speed. Offers user-friendly automated workflows. Provides extensive support options.

Shopify Plus is best for enterprise-level businesses that are consistently selling hundreds of thousands of products and bringing in well over $1 million annually.

 

Back to blog